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25 Apr, 2025 462 views

Trial Balance In Tally Prime: A Complete Step by Step Process

Trial Balance in Tally Prime comprises the summary of all ledger balances in one place. Manually preparing the Trial balance can be a tedious task. If there is a mismatch in the Trial Balance, you must check the ledgers properly. If there are any errors, then you need to maintain the ledgers manually but with […]

11 Apr, 2025 1777 views

Inventory Valuation Process In Accounting: Importance, Methods, & Examples

The inventory valuation process in accounting finds the inventory value of any unsold stocks. This process can have a significant impact on preparing the financial statements. In most of the cases, inventory stock is basically an asset for your organization. It needs to have financial value to maintain a record in the Balance sheet. All […]

04 Apr, 2025 1796 views

Mastering Advanced Data Validation In Excel: Essential Techniques To Learn

Data validation is a method of ensuring and verifying data accuracy and consistency before it is used in downstream applications. Advanced data validation in Excel can ensure that your records are in proper parity with each other. This is one of the crucial steps in the process of data management this will help you to […]

28 Mar, 2025 2190 views

GST Composition Scheme: Rules, Turnover Limit, Rate,and Benefits

The GST composition scheme is one of the simplest and easiest GST schemes for taxpayers. Due to this scheme, small taxpayers can get relief from paying tedious GST formalities to pay all the GST at a fixed rate turnover. This scheme is opted for those who have an annual turnover of less than Rs 1.5 […]

13 Mar, 2025 689 views

Depreciation Entry In Accounting: Meaning, Examples, How To Calculate It

Are you confused about the calculation of the depreciation entry in Accounting? If yes, you must read this article until the end to have a clear insight into it. Depreciation of the journal entry is one of the biggest pillars of accounting that helps you understand your assets’ present status. Students often get stuck at […]

07 Mar, 2025 3292 views

General Ledger Accounting In SAP: A Complete Overview

The main purpose of general ledger accounting is to represent the external accounting and all the accounts involved in it fully. Thus it helps record all the business transactions in software systems integrated fully with all the operational areas. General Ledger accounting in SAP forms an integral part of accounting and bookkeeping in today’s world. […]

28 Feb, 2025 232 views

Dr. B. R. Ambedkar College – ICA Edu Skills Mega Job Fair 2025

On 24th Feb, 2025, ICA Mega Job Fair In Collaboration with Dr. B. R. Ambedkar College, University of Delhi had turned out to be an exceptional achievement. It served as a dynamic platform for ambitious students to engage directly with top-tier companies and secure valuable career opportunities. The event saw an impressive turnout, with a […]

28 Feb, 2025 296 views

Top Lessons To Learn From Falling Markets

A falling market can be tough to navigate but it can be also packed with lessons that can reduce your headache next time when you invest. Ensure that you follow the charts and trends of the market to avoid your losses next time. There are numerous lessons to learn from falling markets to get better […]

21 Feb, 2025 2338 views

Groups In Tally Prime – Essential Concepts To Learn

Groups in Tally Prime can help you organize and classify the accounts in proper order. This can boost the scope of your brand value to a greater level. It comprises of collection of various ledgers of the same nature. One of the best things about Tally Prime is that you can easily create, alter, and […]

14 Feb, 2025 4053 views

BRS in Accounting – Purpose, Benefits, Format and Method of Preparation

The main purpose of the bank reconciliation statement is to identify all the errors that can affect your tax and financial position. BRS in accounting can act as a legal document at the time of financial audit if you can maintain it with perfection. Additionally, bank reconciliation can prevent and detect fraud. In the essence […]

07 Feb, 2025 652 views

Advanced Conditional Formatting In Excel with Process and Examples

Do you want to know how to do advanced conditional formatting in Excel? If yes, you must read this article till the end to get a clear insight about it. Advanced conditional formatting in Excel refers to the use of some complex rules, multiplier conditions, and formulas. Additionally, you can format cells that are based […]

31 Jan, 2025 720 views

Analyzing The Impact Of Tax On Profit From Shares In India

Do you want to know the impact of tax on profit from shares in India? If yes, then you must get through this article till the end to have a clear insight into it. There are many homemakers as well as retired people who spend their time gainfully buying and selling shares. Tax is levied […]

24 Jan, 2025 1013 views

Place Of Supply In GST: Importance, Meaning & Types

The place of supply in GST matters a lot as it is a destination-based tax. It means it must be paid where all the products and services are ultimately used. The GST rate in India remains uniform throughout the entire country. It is very imperative to identify the place of supply for GST. As this […]

17 Jan, 2025 1665 views

SAP FICO Enterprise Structure: A Comprehensive Guide

SAP FICO Enterprise structure is the fundamental aspect of an organization’s financial reporting and management process. It serves as the lifeblood of an organizational financial management system. SAP FICO enterprise structure is a systematic representation of the business structure present in this module. Additionally, you should understand the facts before implementing this system within your […]

10 Jan, 2025 16217 views

Cash Book In Accounting: Definition, Features, Format, Process, Faqs

A Cash Book in accounting forms a financial journal that comprises all cash receipts and disbursements. It includes all the withdrawals and bank deposits. This is one of the main areas where businesses record all cash-related transactions accurately. All the entries are divided into cash receipts and payments, which are posted in some of the […]

27 Dec, 2024 736 views

Custom Number Formatting In Excel: Learn Amazing Tricks To Employ

Custom number formatting in Excel is a feature that allows all its users to format all the dates, times, and text in specific ways. It goes beyond the default options. When you define the custom number formats you can easily control how Excel shows the cell values without altering any underlying data. Custom number formats […]

20 Dec, 2024 1148 views

70 Most Common Power BI Interview Questions and Answers

The rise of Business Intelligence tools is now a great deal of hype. All the business intelligence tools have posed a challenge to Microsoft. In most cases, Microsoft introduced Power BI to address all the compelling questions. Power BI Interview questions and answers you should know to address your requirements. According to Gartner, Microsoft Power […]

13 Dec, 2024 6593 views

Chart Of Accounts In Tally Prime: A Definitive Guide For Beginners

The chart of accounts in Tally Prime matters a lot as it offers a comprehensive guide for all beginners. All these accounts are classified under several categories based on their nature and purpose. In most cases, groups are classified under the category of ledger accounts. This is why your brand development needs to boost your […]

mumbai university & ica edu skills mega job fair-event 2024

12 Dec, 2024 3034 views

Mumbai University – ICA Edu Skills Mega Job Fair 2024

The Mumbai University’s Mega Job Fair 2024, in collaboration with ICA Edu Skills, was a resounding success, providing a platform for aspiring students to connect with leading companies and secure promising career opportunities. The event witnessed an overwhelming response with the number of students’ registrations and participants actively engaging with recruiters. The event also witnessed […]

06 Dec, 2024 4402 views

E-Invoice In Tally Prime: Complete Generation Process

Do you want to know how to generate an E-invoice for Tally Prime? If yes, you must read this article till the end. Generating E-invoice in Tally Prime will help you to meet your needs with ease. To generate all the E-invoices instantly you need to keep track of E-invoicing reports and everything in between […]

29 Nov, 2024 890 views

Mastering Flash Fill In Excel: A Comprehensive Tutorial

Flash Fill in Excel is one of the special tools that helps you to analyze all the information that you enter. Along with it this automatically fills the data whenever you identify the pattern. The Flash Fill feature was once introduced in Microsoft Excel 2013. Flash Fill feature was first introduced in Microsoft Office 2013 […]

22 Nov, 2024 4820 views

70 Top SAP FICO Shortcut Keys to Boost Your Productivity

Do you want to master the SAP FICO course? If yes, then knowing SAP FICO shortcut keys is essential for you. If you know the shortcut keys then it can easily streamline your process and will enhance the overall workflow. SAP FICO shortcut keys will enhance the overall efficiency of your work process in the […]

13 Nov, 2024 538 views

FICCI FLO – ICA Edu Skills CSR Event on Empowering Women

FICCI FLO and ICA Edu Skills have jointly event Jayshree Das Verma to empower women and to ensure their financial stability. The FICCI FLO and ICA Edu Skills CSR Event is an occasion to empower women through giving knowledge and skill building. ICA has organized a CSR activity to empower women in India to gain […]

journal entries questions and answers for interview

08 Nov, 2024 42936 views

What Is Direct Tax? A Comprehensive Guide To Direct Tax

Before I tell you something about direct tax, I just want to know what concepts come to your mind when you hear the term Direct tax. Most of the time, people think about monetary transactions, government officers who collect taxes, and financial headaches to pay off the taxes. Now, if you find the concept of […]

18 Oct, 2024 4712 views

SAP FICO Vs SAP HANA: Which One Is Better

SAP FICO vs SAP HANA is a debatable and mind-boggling topic among the students. They often get confused about which course they should choose to proceed in their career. So, in this article, you will get the complete clarification of these facts. You need to get through the core differences between the two courses to […]

11 Oct, 2024 2856 views

Tally Prime vs Tally ERP 9: Learn Extra In Tally Prime

TallyPrime vs Tally ERP 9 is a matter of discussion among the students now which is better for them. Now, in this article, you will learn why TallyPrime is better than Tally ERP 9. What differentiates them is a billion-dollar question. Students often get confused between TallyPrime and Tally ERP 9. Now, if you know […]

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25 Apr, 2025 462 views

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